RBA decisionsLive · as of 15 OctoberSeptember 2026
The RBA raised the cash rate to 4.60%. 40 of 62 banks passed it on to savers so far, a median 10 days later; 33 of 38 lenders to borrowers, a median 10 days later.
Cash rate 4.60% · raised 0.25 on 29 September, the fourth rise of 2026Savers
- Banks moved
- 40
- of 62 we track, 2 announced
- Median wait
- 10 days
- after the announcement
- First to move
- Australian Mutual Bank LTD
- 2 days later
How fast they movedOne dot per bank, on the day its new rate showed in its feed
- Australian Mutual Bank LTD: day 2
- People First Bank: day 2
- Bank of Sydney: day 3
- AMP GO: day 7
- ubank: day 7
- Judo Bank: day 8
- Revolut: day 8
- MyState: day 9
- Suncorp: day 9
- Up: day 9
- ANZ: day 10
- ANZ Plus: day 10
- Commonwealth Bank: day 10
- NAB: day 10
- Westpac: day 10
- Bank of Melbourne: day 10
- BankSA: day 10
- Bankwest: day 10
- BOQ: day 10
- easyStreet: day 10
- Greater Bank: day 10
- IMB Bank: day 10
- ING: day 10
- ME Bank - ME Go: day 10
- Newcastle Permanent: day 10
- St George: day 10
- Beyond Bank: day 14
- Credit Union SA: day 15
- Gateway Bank: day 15
- Rabobank: day 15
- RACQ Bank: day 15
- Bank Australia: day 16
- Defence Bank: day 16
- Macquarie: day 16
- MoveBank: day 16
- Police Bank: day 16
- Qudos Bank: day 16
- Queensland Country Bank: day 16
40 banks raised a savings rateBefore → after
Not moved yet · 22
- Bendigo
- Alex.Bank
- Arab Bank
- Australian Military Bank
- Auswide Bank Ltd
- Bank of Us
- bankWAW
- BCU
- CommFCU
- First Option Bank
- Great Southern Bank
- Heartland Bank
- Heritage Bank
- Horizon Bank
- Northern Inland Credit Union Limited
- P&N
- Regional Australia Bank
- Southern Cross Credit Union
- Summerland Bank
- Unity Bank
- Virgin Money
- Woolworths Team Bank
Borrowers
- Lenders moved
- 33
- of 38 we track, 3 announced
- Median wait
- 10 days
- after the announcement
- First to move
- BOQ
- 4 days later
How fast they movedOne dot per lender, on the day its new rate showed in its feed
- BOQ: day 4
- Virgin Money: day 5
- Bendigo: day 8
- Great Southern Bank: day 8
- Homestar Finance: day 8
- Unity Bank: day 8
- loans.com.au: day 9
- Up: day 9
- ANZ: day 10
- ANZ Plus: day 10
- Commonwealth Bank: day 10
- BankSA: day 10
- ING: day 10
- Mortgage House: day 10
- Newcastle Permanent: day 10
- NRMA Home Loans: day 10
- Tiimely Home: day 10
- ubank: day 10
- NAB: day 11
- Westpac: day 11
- Bank of Melbourne: day 11
- Bankwest: day 11
- St George: day 11
- Athena Home Loans: day 15
- BCU: day 15
- P&N: day 15
- RACQ Bank: day 15
- Australian Military Bank: day 16
- Macquarie: day 16
- MoveBank: day 16
33 lenders raised a variable home loan rateBefore → after
Not moved yet · 5
- Bank of Sydney
- Defence Bank
- easyStreet
- Regional Australia Bank
- Southern Cross Credit Union
What a rise doesn't change
- Bonus conditions. In a month the conditions aren’t met, most bonus accounts pay only their base rate, often under 1%.
- Intro rates. A bank can move its ongoing rate and leave its intro rate where it is, or close the offer.
- Term deposits already open. Their rate is fixed until they mature.
- Fixed-rate home loans. Their rate holds until the fixed term ends. New fixed rates follow lenders’ funding costs on their own clock, so they aren’t counted here.
Every decision we've tracked
Next: 3 November 2026- 29 September 2026Still countingRaised 0.25 to 4.60% · this pageSavers 40 of 62 banks · median 10 daysBorrowers 33 of 38 lenders · median 10 days
- 5 May 2026Raised 0.25 to 4.35%Savers 46 of 51 banks · median 15 daysBorrowers Not tracked yet
- 17 March 2026Raised 0.25 to 4.10%Savers 32 of 34 banks · median 11 daysBorrowers Not tracked yet
- Data
- Each bank's and lender's Consumer Data Right (Open Banking) product feed, read every night. A reading is recorded when the published rate differs from the last one stored, so a move is dated the day it first showed in the feed.
- What counts
- A move in the Board's direction between the announcement (2:30pm AEST) and today, 6 weeks on. Savers: each account's first-tier rate with any bonus. Borrowers: the advertised variable rate for a new owner-occupier at 80% of the property's value, paying principal and interest. Our own corrections are never a move.
- Scope
- Banks and lenders with a product listed on BankMate and tracked before the announcement. Not financial advice. Methodology · Every decision
As of 15 October 2026, after the RBA's 29 September 2026 rise to 4.60%, 40 of the 62 banks BankMate tracks raised a savings rate, a median of 10 days later, and 33 of the 38 lenders BankMate tracks raised a variable home loan rate, a median of 10 days later.